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starbucks has expansion plans in china and for its product line sold in grocery stores and other vendors. >>> your smartphone will soon be able to send how your feeling and respond proeply. it uses voice features. it was successful about 80% of the time in correctly identifying the emotion. rob, can you tell my emotion right now? >> you sound happy and wide-awake. >> i'm very happy. >> i'm sure that's not the caffeine talking. >>> next, on alert. a popular baby recliner. the focus of a new government warning after the deaths of several kids. >>> and a mystery in arizona. a college student missing. was he a victim of fraternity hazing? >>> plus, what a night for kobe bryant. the incredible feat only four other people have ever done. "this is george. he is a good little monkey and always very curious. one day george got an important letter. he's built a rocket ship to travel into space." google, how far is earth to the moon? the moon is 238,900 miles... "the great moment had come." 3, 2, 1... [ giggling ] a delicious new way to get essential vitamins you need. just bite into the tasty shel
starbucks has expansion plans in china and for its product line sold in grocery stores and other vendors. >>> your smartphone will soon be able to send how your feeling and respond proeply. it uses voice features. it was successful about 80% of the time in correctly identifying the emotion. rob, can you tell my emotion right now? >> you sound happy and wide-awake. >> i'm very happy. >> i'm sure that's not the caffeine talking. >>> next, on alert. a popular...
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what we want to see is if we are going to spend this money, borrow it from china or our kids, we need to make sure that we are getting our money's worth and it is supporting what we intended it to. which is to increase security of our most humble cities. charles: senator coburn, where does the buck stop on this kind of stuff? these guys have a lot of this money. they can do things like this. is there any specific person who has ever been held accountable for this? >> the people you should hold accountable is not the agency. we are allowing the agency to do this. we see waste and stupidity. the fact that we don't have a metric to measure, and we don't know how the money is spent, there are no follow-ups, it just shows the competency of the agency, but also the competency of washington in terms of doing what they're supposed to be doing. charles: on that note, we are talking about the fiscal cliff. earlier today, president obama brought the debt ceiling debate, or would be debate into the picture. it feels like a lot of the work that you do -- people say okay, we spent 100 grand on this
what we want to see is if we are going to spend this money, borrow it from china or our kids, we need to make sure that we are getting our money's worth and it is supporting what we intended it to. which is to increase security of our most humble cities. charles: senator coburn, where does the buck stop on this kind of stuff? these guys have a lot of this money. they can do things like this. is there any specific person who has ever been held accountable for this? >> the people you should...
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if china bounces back quicker than we anticipate, or if europe flattens out. we're optimistic next year. we want to make sure our clients are in this market. >> scott, good to have you on the program. >> all right. thanks, guys. >> you know, he's not alone. lots and lots of analysts are coming out with their forecasts for next year. pretty bullish. >> even morgan stanley, right? >> yeah, for once. all right. heading toward the close here with about 12 minutes left. the dow hanging on to a gain of about 30 points. >> the situation with anti-virus software pioneer john mcafee is going from strange to surreal. he's now in custody. now reportedly has had two heart attacks. we're going to tell you the latest on this bizarre and evolving story. >>> also, the ceo of accounting giant recently met with president obama. he say miss other ceos in that meeting agreed the tax rates for the wealthy have to rise as part of any fiscal cliff deal. he joins us exclusively later on "the closing bell." stay tuned. [ male announcer ] this december, remember -- ♪ you can stay in
if china bounces back quicker than we anticipate, or if europe flattens out. we're optimistic next year. we want to make sure our clients are in this market. >> scott, good to have you on the program. >> all right. thanks, guys. >> you know, he's not alone. lots and lots of analysts are coming out with their forecasts for next year. pretty bullish. >> even morgan stanley, right? >> yeah, for once. all right. heading toward the close here with about 12 minutes left....
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china. i respect samsung but apple still has cache. >> i think the bottom line from the stock perspective and getting away from the company a little bit -- because we all know all of the size of it and how much cash and all of that. just looking at the stock itself, this thing is up 8,000% the last ten years. don't think that anyone should be looking at it as having that opportunity or anything even remotely close to that going forward. so when tony says the story's changing, it is changing, but changing doesn't necessarily mean it's going somewhere negati negative. it's just going to be a different type of opportunity. >> well said as always, josh. but you also probably made the case for the capital gains sale excuse that a lot of people have been throwing out there. >> it's up 40% this year versus an s&p that's up closer to 10%. don't be shocked. everyone owns it. >> tony is right, ecosystem is worth a great deal of money. if you split up the iphone, i-mac, the iphone, it wouldn't be the s
china. i respect samsung but apple still has cache. >> i think the bottom line from the stock perspective and getting away from the company a little bit -- because we all know all of the size of it and how much cash and all of that. just looking at the stock itself, this thing is up 8,000% the last ten years. don't think that anyone should be looking at it as having that opportunity or anything even remotely close to that going forward. so when tony says the story's changing, it is...
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china and asia pacific will have nearly 4,000 locations by the end of 2013. shares of the company up about 20% over the past year, nice move there but off the highs of the year. so we have these worries about the fiscal cliff, they seem to be holding, the markets or at least the psychological of a lot of investors hostage. so once the dust finally settles, what's the s&p's next move? joining us now in a fox business exclusive, not just the s&p, bill, right? bill strazzullo's joining us, chief market strategist at bell curve trading. good to see you. >> good to see you, liz. look, i think -- go ahead. liz: no, i was just going to say, you know, it's not just the s&p, but, of course, that's the broad indicator of what a lot of people look at and invest in, so how should they be viewing this on a day-to-day basis? >> the first thing you have to do, liz, is just be very disciplined. we've had a really nice run mapping out buy and sell levels and not getting caught in the between moves. for instance, right after the election we advised our clients we should get a
china and asia pacific will have nearly 4,000 locations by the end of 2013. shares of the company up about 20% over the past year, nice move there but off the highs of the year. so we have these worries about the fiscal cliff, they seem to be holding, the markets or at least the psychological of a lot of investors hostage. so once the dust finally settles, what's the s&p's next move? joining us now in a fox business exclusive, not just the s&p, bill, right? bill strazzullo's joining us,...
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but how do you see the big picture in china? there's definitely a narrative that says high levels of capital spending lead to poor profitability and maybe that's what the stock markets had a sniff on over the last 18 months. where do you think we are in that story? >> well, no doubt it's driven by capital like all capital investments. and where are the investments going? they're going to china's massive infrastructure. don't forget china is still in the middle of a largest organization exercise in human history, building something like 221 new cities. so there's no did you tell that some of the buildings and roads or even shopping malls may in the short term appear empty. and then that fits into the kind of speculation there will be a huge asset or property bubble that's bound it on burst. but don't forgetbeginning, a lo buildings. and don't forget the speed of the urbanization process is going on in china. but as a national strategy also to balance the economy away from the capital kind of investment towards domestic consumptio
but how do you see the big picture in china? there's definitely a narrative that says high levels of capital spending lead to poor profitability and maybe that's what the stock markets had a sniff on over the last 18 months. where do you think we are in that story? >> well, no doubt it's driven by capital like all capital investments. and where are the investments going? they're going to china's massive infrastructure. don't forget china is still in the middle of a largest organization...
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. >> so cook confirmed to cnn apple will spend $100 million to shift assembly from china to the u.s. frankly, that's a drop in the bucket for a company of its size. it's hard to say right now if that means expanding current operations or even building out brand new ones. apple has taken a lot of criticism for its relationship with fox con in china so bringing back jobs here would take a little bit of heat off. >> the news comes at an interesting time too because the company's stock is down quite a bit right now. it's fallen in the last couple days, right? >> you've got that right. apple shares were down before and now trading up a bit here about 1.5% trading at 547. the company hit an all-time high above 700 just this fall but since then it's really been a tough run for the stock. the big tumble came wednesday when shares of gadget giant slid more than 6%. the thing is there's no clear explanation as to why. some analysts are saying it's because of chatter that some firms raised their margin requirements on the stock and just to backtrack what that means. it's harder for investors to
. >> so cook confirmed to cnn apple will spend $100 million to shift assembly from china to the u.s. frankly, that's a drop in the bucket for a company of its size. it's hard to say right now if that means expanding current operations or even building out brand new ones. apple has taken a lot of criticism for its relationship with fox con in china so bringing back jobs here would take a little bit of heat off. >> the news comes at an interesting time too because the company's stock...
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computers here in the united states and shipping a small -- and shifting a small portion away from china. cook tells us it is apple's responsibility to create jobs he didn't say where in the u.s.. since apple will work with partners and the operates will include more than final assembly, apple manufactured and assembled many products in the united states until the late 90s. apple shares were down yesterday, dragged the nasdaq lower and down again today, drop in market share and tablets some off the stock price. over all markets look lake this, a little lower. like so many days lately, cautious, as we continue to watch washington. bloomberg index this morning trading down. i know people like deals, there's one that starts today, burger king celebrating the 55th anniversary of the whooper with 55 cent burgers when you purchase any cheaper, it starts today through sunday, it does include the white cheddar and spicy angry whooper. burger king experimenting with home delivery in some parts of the nation. live at the new york stock exchange, i'm jane king. >>> i'm wondering if you pick up that
computers here in the united states and shipping a small -- and shifting a small portion away from china. cook tells us it is apple's responsibility to create jobs he didn't say where in the u.s.. since apple will work with partners and the operates will include more than final assembly, apple manufactured and assembled many products in the united states until the late 90s. apple shares were down yesterday, dragged the nasdaq lower and down again today, drop in market share and tablets some off...
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also planning to extend overseas making china the second biggest market in the world. this might indicate the company to be making a turnaround at the closing to percent of its u.s. to respect in the late. obamacare is going to hurt both doctors large and big businesses. our next guest is a small -- a doctor and not read the small business. sorry about that makes up. you are a doctor, chiropractor, and you operator chiropractic office like a small business. >> yeah that right. stuart: you're going to stop taking any kind of insurance. you want cash only. >> the thing is, i decided to start a 1-1 i realize that the bureaucracy was trying to tell me how the practice. but terry is when they come and pay for a service that deserve the best. the reservoir on the percentage you. if i have to talk to somebody about how i treat them and i commend you for it. unlike with your doing. if your clients are paying hard-earned money to see me 90100 percent of me. i sent to a five page letter firing the insurance companies. if you want to change things i love to come back . stuart: th
also planning to extend overseas making china the second biggest market in the world. this might indicate the company to be making a turnaround at the closing to percent of its u.s. to respect in the late. obamacare is going to hurt both doctors large and big businesses. our next guest is a small -- a doctor and not read the small business. sorry about that makes up. you are a doctor, chiropractor, and you operator chiropractic office like a small business. >> yeah that right. stuart:...
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china confirms talks with apple. but the problem here, he says tech is not an issue, it's mainly about the business model and benefit sharing issues. that could be a problem. >> he is also playing the part of what many analysts are doing, which is let me explain why it's going down, in the same way that the death cross, i always love the death cross, this is a technical term. i can think of a million reasons to sell it. the only reason i want to own it is because it makes the best products in the world and it's inexpensive. >> that's a lot of people looking at the chart. >> look again, the people who own apple, they were the ones who owned it because it was going up. it reminds me very much in 1999, what do i do with my nortel, it's at 110. in the meantime, roth, the ceo gives a session, an off the record session, or a session where he bashed 15 people. and said you know what? we're going to miss the numbers really big. apple is not nortel, but it trades like those that do and people get into the rut of saying i got
china confirms talks with apple. but the problem here, he says tech is not an issue, it's mainly about the business model and benefit sharing issues. that could be a problem. >> he is also playing the part of what many analysts are doing, which is let me explain why it's going down, in the same way that the death cross, i always love the death cross, this is a technical term. i can think of a million reasons to sell it. the only reason i want to own it is because it makes the best...
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russia and china both urged north korea on monday to not proceed with the planned rocket launch. >> welcome back. the top stories we're following at this hour. san francisco police are on the scene at a crash that happened just before 4:00 this morning. it happened on the corner of fall some and essex streets following a chase that started when the driver failed to yield. police are investigating the incident as a possible d u i. >> the local police force will not be subject to a federal takeover. oakland mayor jean quan and police chief howard jordan announced the agreement yesterday periods both sides have agreed to appoint a compliance director to make sure the remaining reforms from riders case are completed. >> the number of people seeking unemployment aid fell sharply last week as a temporary spike caused by super storm sandy has faded. weekly applications have fallen back to a level consistent with a modest hiring. the labor department says applications drop 25,000 last week off to a seasonally adjusted 370,000. >> this will last until the work week and as for tomorrow will have morn
russia and china both urged north korea on monday to not proceed with the planned rocket launch. >> welcome back. the top stories we're following at this hour. san francisco police are on the scene at a crash that happened just before 4:00 this morning. it happened on the corner of fall some and essex streets following a chase that started when the driver failed to yield. police are investigating the incident as a possible d u i. >> the local police force will not be subject to a...
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starbucks has thousands of stars in the americans, but it's also investing in china. how china is quickly becoming the company's fastest growing market, and why star buck has agreed to pay more tacks in the united kingdom. nded back in 189, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> responding to a public outcry from across the pond. starbucks executives says the coffee company will pay more taxes in the company starting next year. the payments will amount to about $16 million u.s. starbucks along with google and amazon have been using legal loopholes to minimize their corporate taxes in britain. execs of all three companies recently got a public -- >> despite the fact that starbucks, how much money it makes. it's kind of like a drop in the bucket. >> well, yeah. yesterday we pointed out that betw
starbucks has thousands of stars in the americans, but it's also investing in china. how china is quickly becoming the company's fastest growing market, and why star buck has agreed to pay more tacks in the united kingdom. nded back in 189, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of...
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the company has big expansion plans in china. there are currently more than 18,000 starbuck's around the globe. they're now charging $7 for the snazzy cup of coffee. so, of course they can expand. >> somekind of premium blend, exotic blend. >> flecks of gold in it. >> should for $7 a cup. your thursday forecast, everybody. we have showers from portland to seattle. up to 8 inches of snow in the cascade and northern rocky. still mild in the nation's midsection. pop-up showers around omaha, nebraska and louisville. scattered showers from the carolina coast through florida. >> 70s from dallas to miami. mostly 40s in the northwest. 77 in phoenix. 37 in billings. >>> 'tis the season for some really funny movie, funny flicks. we want your help to pick the best, "world news now" classic christmas competition. say that five times fast. >> that is a mouthful. get this -- log on to tower website at wnnfans.com. and vote. we both look borderline. >> i look cross eyed. you look constipated. >> too many candy canes. vote early and often. on ou
the company has big expansion plans in china. there are currently more than 18,000 starbuck's around the globe. they're now charging $7 for the snazzy cup of coffee. so, of course they can expand. >> somekind of premium blend, exotic blend. >> flecks of gold in it. >> should for $7 a cup. your thursday forecast, everybody. we have showers from portland to seattle. up to 8 inches of snow in the cascade and northern rocky. still mild in the nation's midsection. pop-up showers...
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china. nearly a week of heavy snow trapping thousands of farmers along with their cattle and sheep in a remote northwest region. two rescue teams set out to bring supplies to the victims. the storm blocked off the only road to the nearest town reportedly 50 miles away. officials saying the damage estimates about $780,000. india. police seized a huge cash of explosives at an illegal mining site at an eastern state. the operation uncovered 20,000 detonator and other weapons. authorities arresting six people accusing them of having links to one the nation's leading rebel groups. france. giant animal sculptures on display in the french alps. part of annual exhibit ski resort, helicopter taking some of the pieces to the top of the slope. works like this 15-foot tall elephant and chrome gorilla will be on display throughout the winter. fox trip around the world in 80 seconds. >> i'm harris faulkner in tonight for shepard smith. this is the fox report. the political crisis in egypt today descending
china. nearly a week of heavy snow trapping thousands of farmers along with their cattle and sheep in a remote northwest region. two rescue teams set out to bring supplies to the victims. the storm blocked off the only road to the nearest town reportedly 50 miles away. officials saying the damage estimates about $780,000. india. police seized a huge cash of explosives at an illegal mining site at an eastern state. the operation uncovered 20,000 detonator and other weapons. authorities arresting...
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you are using cheap labor in china. not going to have that in the united states and also you're talking about adding infrastructure costs. how that might impact the bottom line, you know, remains to be seen and tim cook made it clear this is not a financial move necessarily. this is a move to really bring back jobs to the united states and do something positive for the american economy. >> yeah. i guess i say hopefully. precisely the point. so many people want the jobs in this country. thank you. >>> all right. hour two. welcome back. i'm brooke baldwin. concerns rising over chemical weapons sites in syria and first time defense secretary panetta says the most recent intelligence he has raises serious concerns. >> the whole world is watching. the whole world is watching very closely and the president of the united states has made very clear that there will be consequences. there will be consequences if the assad regime makes a terrible mistake by using these chemical weapons on their own people. >> we're going to talk a
you are using cheap labor in china. not going to have that in the united states and also you're talking about adding infrastructure costs. how that might impact the bottom line, you know, remains to be seen and tim cook made it clear this is not a financial move necessarily. this is a move to really bring back jobs to the united states and do something positive for the american economy. >> yeah. i guess i say hopefully. precisely the point. so many people want the jobs in this country....
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china to the west here. in japan well within range of north korea were to be successful in developing this launch mechanism. here is hawaii. that's outside the range of the 6,000 kilometers. the question then begs how realistic is it that north korea would be a threat to the united states? >> through pro live raig they could be a threat to the united states. and if they were to hit our allies in the near range. in the south and also japan. those are the near-term risks. but proliferation could occur at any time. they were able to reach to hawaii ... bill: history shows they are not very good at this. are they getting better? >> only more tests will tell. you are correct history has shown it's been embarrassing for them. you would have to ask if you were rational why would you take a high-risk test like this with so many eyes watching? bill: you mentioned the obama administration. how are they reacting? was is our response? >> our response tends to look first to the yate united nation. there is talk of propor
china to the west here. in japan well within range of north korea were to be successful in developing this launch mechanism. here is hawaii. that's outside the range of the 6,000 kilometers. the question then begs how realistic is it that north korea would be a threat to the united states? >> through pro live raig they could be a threat to the united states. and if they were to hit our allies in the near range. in the south and also japan. those are the near-term risks. but proliferation...
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we're thinking that pressure needs to be brought on china. goods made in germany, sold by that company to the chinese company that thinks it will keep it in china, but in fact it is going to iran. all it a country of tr concern. we're thinking maybe it is time that china is called out on that. china needs to be pressured to stop a local in the system internationally that is being created to keep iran from outfitting its centrifuge program. that effort over time has had tremendous success. with more and more sanctions, it is been more successful. more purchases stopped, more interdiction's, more trouble for iran to make progress. >> in terms of u.s. non- proliferation programs, david is emphasizing some of the holes that exist, particularly in controls and lack of enforcement of existing sanctions legislation. what is your assessment of non- proliferation programs? >> when you hear discussions on sanctions, these are the things we tried to do to cut off supply. there are more things that could be done to enforce things, have better training in
we're thinking that pressure needs to be brought on china. goods made in germany, sold by that company to the chinese company that thinks it will keep it in china, but in fact it is going to iran. all it a country of tr concern. we're thinking maybe it is time that china is called out on that. china needs to be pressured to stop a local in the system internationally that is being created to keep iran from outfitting its centrifuge program. that effort over time has had tremendous success. with...
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of big caterpillar equipment and talk about what's going on in china and i hope we get back to that. you're right that's all we're talking about instead of talking about caterpillar and what you do well as a great company. >> thank you. again, every time i come to the floor it's the hub of our greatness in this country of business. it's why we're here. it's really fun and exciting and let answer get into '13 and get into real things. i'm with you, joe. >> i know, but this deal has to play in peoria. >> it will play. >> compared to what you got in illinois now anything looks good. thanks. >> okay. >>> the executive chef tpz at jpmorgan the bank naming two chief officers to oversee things like anti-moneying. kayla tausche joins us. >> the person to watch everyone watching is looking at jez staly, he was chairman as of july largely viewed as a swank song role that rivals have taken note of. there were discussions over the ceo at legg mason, the baltimore asset manager. the talks fell apart and staly was the top of the short list for the board and recruiters after being serious talks for
of big caterpillar equipment and talk about what's going on in china and i hope we get back to that. you're right that's all we're talking about instead of talking about caterpillar and what you do well as a great company. >> thank you. again, every time i come to the floor it's the hub of our greatness in this country of business. it's why we're here. it's really fun and exciting and let answer get into '13 and get into real things. i'm with you, joe. >> i know, but this deal has...
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and in china, it's going to be the second biggest market for starbucks by 2014. they're going to have 1,500 stores in 70 cities in china in the next three years. >> and let's be clear about the fiscal cliff. i mean, the near-term impact is bad, right? a lot of people think it would be a recession, but lasting long-term impact, it would lower deficits, you know, and would cut into -- so -- >> dramatically. >> so this isn't the way to go about it. you want to scalp a hatchet, as i keep saying. but companies are trying to make long-term plans, even though near term they're very concerned about what's going on. >>> apple stock dropped more than 6% yesterday. watch that? shares down a little bit in premarket trading this morning. there are a few factors that traders suspect drove the selling. today there's another hearing in the patent case with samsung in california and a research report generated buzz that apple's tablet competitors could eat into its market share. apple shares were up 33% so far this year, right? so if somebody's taking some profits, they've been d
and in china, it's going to be the second biggest market for starbucks by 2014. they're going to have 1,500 stores in 70 cities in china in the next three years. >> and let's be clear about the fiscal cliff. i mean, the near-term impact is bad, right? a lot of people think it would be a recession, but lasting long-term impact, it would lower deficits, you know, and would cut into -- so -- >> dramatically. >> so this isn't the way to go about it. you want to scalp a hatchet, as...
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you're using cheap labor in china. you're not going to have that in the united states, and also you're talking about adding infrastructure costs, how that might impact their bottom line remains to be seen, but tim cook made it clear this is not a financial move necessarily. this is a move to really bring back jobs to the united states and do something positive for the american economy. >> for now apple isn't saying which computer will be built in the u.s. you can be sure a lot of people will wait to see that. stay tuned. >> a senate bombshell. tea party candidate jim demint catches everyone off guard announcing his return from the senate. my interview with him straight ahead. paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgr
you're using cheap labor in china. you're not going to have that in the united states, and also you're talking about adding infrastructure costs, how that might impact their bottom line remains to be seen, but tim cook made it clear this is not a financial move necessarily. this is a move to really bring back jobs to the united states and do something positive for the american economy. >> for now apple isn't saying which computer will be built in the u.s. you can be sure a lot of people...